My client wishes to sell 5% of their shares, but will remain in the business and keep 45 % of the shareholding. I think they are entitled to entreprenuer's releif, but there maybe rules about remaining in the business.
Can you direct me to the right research
Replies (7)
Please login or register to join the discussion.
I tend to work on a being-close-enough-to-find-it-if-needed principle.
It doesn't work when I'm in the wrong Act though.
"my client"
One would imagine all accountants know where ER Rules are... (I may of course be wrong, but its taught fairly extensively).